Listing Agency: Phil Dressen Realtors p***@yahoo.com Show Phone

Listed By: Phil Dressen · License #471004520 Show Phone

Source: Exprealty

Added: Nov 20, 2025 Changed: Aug 8 Last Checked: Jul 5 at 11:34PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phil Dressen Realtors

Investment Insights

Based on property information with market context.

This residential building lot offers a straightforward canvas for constructing your home, with utilities described as featuring the most updated water and sewer system in the City of Pana. The lot measures 120 by 100 feet, providing approximately 12,000 square feet of buildable space.

Located at 506 S Chestnut St in Pana, IL, the property is presented for sale as a land opportunity for buyers looking to build on their own lot rather than purchase an existing home.

Key Highlights

• 120‑by‑100 lot (12,000 SF) in Pana
• Updated water and sewer service available for building your home

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

427

Businesses Nearby

Explore this area Business Placement

Demographics for 62557, IL

6,841

Population

3,338

Households

2

Avg Household Size

45

Median Age

18%

College-Educated

90%

High-School Grad

116.9 sq mi

ZIP Area

59

Density / Sq Mi

$51,769

Median Household Income

$29,878

Median Earnings

$684

Median Rent

$93,600

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Fully Occupied Seven-Unit Apartment Building

300 E 2nd Street, Pana, IL 62557

$179,000

2,116 SF

View details

Pole Barn with Open Storage

2374 Cold Springs Road, Pana, IL 62557

$200,000

2,400 SF

View details

Corner Automotive Sales Building

200 E 1st St, Pana, IL 62557

$105,000

1,110 SF

View details

Industrial Warehouse with Dock Doors

2285 East 350 North Road, Pana, IL 62557

Contact for pricing

110,000 SF

View details

Car Repair Shop with Office

719 Jackson St, Pana, IL 62557

$224,900

4,200 SF

View details

Waterfront Campground Lots

103-105 North 600 East Road, Pana, IL 62557

$39,900

17,835 SF

View details

Lakefront Residential Land

156-157 Beyers Lk Estates, Pana, IL 62557

$49,900

0.64 Acres

View details

Lakefront Residential Lot

177 Beyers Lk Estate, Pana, IL 62557

$39,777

11,033 SF

View details

Resort Building Site

454 Beyers Lk Estate, Pana, IL 62557

Contact for pricing

5,460 SF

View details

Corner Residential Development Lot

516 Oak St, Pana, IL 62557

Contact for pricing

0.28 Acres

View details

Ready-to-Build Corner Lot

401 E Fifth Street, Pana, IL 62557

Contact for pricing

View details

Beyers Lake Waterfront Lot

174 Beyers Lake Est, Pana, IL 62557

$39,900

View details

Frequently Asked Questions

What type of property is this?

Residential land & home lot - Build your home on a 120-by-100 lot with updated water and sewer service in Pana.

Where is this residential land & home lot located?

The property is located at 506 S Chestnut St Pana, IL.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: 120‑by‑100 lot (12,000 SF) in Pana; Updated water and sewer service available for building your home